ZIP 12040 housing market
Data through Jan 2026 · Balanced market · leverage 5
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Buyer Leverage Score
5
Aug 2021
Months of Supply
3.1 months
Aug 2018
Days on Market
89 days
Nov 2021
Price Cut %
0.0%
Aug 2021
Sale-to-List Ratio
97.7%
Mar 2021
Expected Disaster Loss
$168
Dec 2025
What this means
- Supply. Listings are 100% below the 2017-19 norm and falling (−100% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is low (5/100; U.S.: 54) (as of Aug 2021): homes sell for about 2.3% below their final list price (as of Mar 2021); 0% of listings had a price cut (U.S.: 26%) (as of Aug 2021).
- Disaster risk. FEMA expects about $168 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Rensselaer County, NY
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Troy, NY 12180 | $313.2K | +5.3% | 5 |
| Rensselaer, NY 12144 | $319.3K | +4.0% | 12 |
| Troy, NY 12182 | $268.9K | +5.1% | 11 |
| East Greenbush, NY 12061 | $421.5K | +6.1% | 11 |
| Castleton-on-Hudson, NY 12033 | $378.8K | +6.4% | 27 |
| Averill Park, NY 12018 | $398.5K | +9.9% | 27 |
| Wynantskill, NY 12198 | $353K | +6.6% | 30 |
| Hoosick Falls, NY 12090 | $233.8K | +6.5% | 55 |
| Nassau, NY 12123 | $332.5K | +8.2% | 10 |
| West Sand Lake, NY 12196 | $410.1K | +8.1% | 7 |
| Schaghticoke, NY 12154 | $362.1K | +9.1% | 2 |
| Petersburg, NY 12138 | $274.7K | +6.8% | 14 |
| Johnsonville, NY 12094 | $334.4K | +7.6% | 52 |
| Melrose, NY 12121 | $350.6K | +7.0% | 5 |
| Cropseyville, NY 12052 | $303.8K | +7.1% | 28 |
| Stephentown, NY 12168 | $328.8K | +7.6% | 1 |
| Valley Falls, NY 12185 | $324.4K | +8.1% | 75 |
| East Nassau, NY 12062 | $329.1K | +5.7% | 50 |
| Poestenkill, NY 12140 | $383.8K | +8.0% | 12 |
| Berlin, NY 12022 | $259.9K | +5.0% | 1 |
| Schodack Landing, NY 12156 | $450.7K | +8.0% | 36 |
| Sand Lake, NY 12153 | $371.3K | +10.5% | 46 |
| East Schodack, NY 12063 | $463.7K | +7.0% | 3 |
| Stephentown, NY 12169 | $324.6K | +8.2% | 22 |
| ZIP 12082 | – | – | 6 |